Mormon Church keeps misled users on $100 billion tax-exempt investment account, whistleblower alleges

Posted by on January 21, 2022 · Leave a Comment 

A former investments manager alleges in a whistleblower problem for the Internal Revenue Service that the Church of Jesus Christ of Latter-day Saints has actually amassed about $100 billion in profile designed for non-profit functions, based on a copy of the grievance acquired of the Washington Post.

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The confidential data, was given of the IRS on Nov. 21, accuses church frontrunners of mistaken customers — and possibly breaching national tax regulations — by stockpiling their excess contributions as opposed to with them for non-profit really works. Read more

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